Canadian Heritage committee  All I'm saying is that if there's a secondary market with three times the markup, it's clearly because the original sale occurred at too low a price for the market. It might be a voluntary decision on the part of the agent or the act, but it's just a statement. If you sell a tick

Canadian Heritage committee  I can't think of anything.

Canadian Heritage committee  When I referred to enforcement, one example would be when we know somebody who has been selling the same ticket over and over, a fraud. We know where they are, but there's no interest in legal action by anybody because nobody's bleeding; there is no emergency.

Canadian Heritage committee  It's a crime without an explicit victim, so it's very hard to take legal action against somebody who we know is doing this.

Canadian Heritage committee  Or last year, or the year before....

Canadian Heritage committee  A lot of teams have their own secondary market now for season ticket holders. The one nuance from what you said is the quality of the seat. When you're a business person and you want to invite three people to see a game, you don't want to sit in the bleachers. Those tickets might

Canadian Heritage committee  —and you're correct that there's still a secondary market. You have season ticket holders who don't want to attend all the games and they list them. Remember, seeing it listed on the secondary market doesn't mean it will sell. People sometimes confuse its being listed at x with

Canadian Heritage committee  No.

Canadian Heritage committee  For the concerts, it's a sellout.

Canadian Heritage committee  I talked about reseller channels. A reseller channel doesn't own tickets. It's just a website. I think StubHub would present themselves as a channel, not as a broker. They'll speak eventually, but from my understanding of their business, they are a channel. A broker is somebod

Canadian Heritage committee  In North America there is a trend to sell, basically, bulk season tickets to brokers. Most teams do it—it's legal, of course—and then these tickets flood the secondary market, sometimes at a loss, sometimes at a gain, mostly in the playoffs. It's the economic game happening, and

Canadian Heritage committee  I'm not familiar with that particular instance, but there is a market for teams to sell to brokers. I think it will adjust itself as the brokers overbuy and lose money and adjust. It's just economic law at play. Since there is no constraint, it's just the economics, which work th

Canadian Heritage committee  I'm waiting for the Expos to come back.

Canadian Heritage committee  Absolutely. I understand.

Canadian Heritage committee  Yes. There are so many channels that there's always a way to get a ticket.